1 month on rocket

2988 Virginia Park St, Detroit, MI, 48206

$33,000

Home List Price

$392*

Closing Credit

2 Full Baths
2,042 SqFt
$16/SqFt
Multi

Location

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2988 Virginia Park St, Detroit$33,000

Buyer Closing Credits

$392*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1916
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240072747
Lot Size0.15 Acres
StatusActive

About 2988 Virginia Park St

This area has seen a strong increase in after repair values. There is a great opportunity for sweat equity and forced appreciation on this one. Perfect opportunity for investors to do a fix and flip or BRRRR. Each unit has 2 bedrooms and 1 bathroom. SOLD AS-IS.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1916
  • Stories: 2
  • Living Area: 2,042 SqFt

Listing Office:

  • Office Name: Keller Williams Somerset
  • Office Phone: (248) 649-7200
  • Listing Agent: Joseph Hammel

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: NORTH OF CHICAGO AND WEST OF LINWOOD

Price Information

Listing Price Info

Price Summary:

  • List Price: $33,000
  • Price Per SqFt: $16/SqFt

Tax Information:

  • Annual Amount: $1,337
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

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Detroit, MI

City

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

2988 Virginia Park St vs Detroit

51 DAYS ON ROCKET

+6 Days

$33,000

-$52K Less

$16/SqFt

-$58 Less

KEY TAKEAWAY

This property is $52K less than the Median Sold Price and $58/SqFt less than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240072747

Listing Office:

  • Office Name: Keller Williams Somerset
  • Office Phone: (248) 649-7200
  • Listing Agent: Joseph Hammel

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,337$11,500
2020$972$13,700
2018$972$8,700
2017$968$9,200

History based on county public records data.

Payment Calculator

$232

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$165

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-448098
1
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.63 miles

  • Public Charter Grades KG-5

school-card-donut-448099
2
/10

  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 1.71 miles

  • Public Charter Grades KG-5

school-card-donut-448100
2
/10

  • University Preparatory Academy Psad Elementary School

  • 435 Amsterdam St

  • 1.81 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,826. Residents of Detroit, MI typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48206›2988 Virginia Park St

This home is located at 2988 Virginia Park St in Detroit, MI and zip code 48206 in the Rosa Parks neighborhood. This 2,042 square foot home, which was built in 1916, sits on a 0.15 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $33,000.

Over 125 listings were sold over their listed price in October 2024 in Detroit, MI. In the same period over 257 listings were sold below the listed price and 93 listings were sold for the listed price. In October 2024 in Detroit, MI there were 11.2% more homes for sale than in September 2024. While the average time on the market in October 2024 was 45 days, the median list price was $85,000.

From Rocket Homes Real Estate and based on county public records data.

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